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09 July 2007
Fairfax raises over £1bn for clients in its first 18 months
Fairfax I.S PLC (“Fairfax”), an independent, international investment bank today announces that it has raised over £1bn for clients since it commenced operations in January 2006. Funds have been raised in London on both the main market and AIM as well as on Euronext in Amsterdam.

Since January 2006, all of the companies that Fairfax has raised money for remain above their offer price. Most recently Fairfax has raised a further £170m for Speymill Deutsche Immobilien Company, a property company investing in German residential property, having raised £170m for the company when it floated on AIM in 2006. It has also recently handled the IPO of Aseana Properties, an Asian property developer, on the London Stock Exchange raising £82m.

Stefan Allesch-Taylor, Chief Executive of Fairfax commented:

“Fairfax has made great progress as a business since it began trading in January 2006. From a standing start, I am pleased to announce that in just 18 months the business has raised over £1bn for clients in both the UK and abroad. Investors have enjoyed gains on all of these new issues.

“Fairfax prides itself on its innovative approach to both raising money for clients and in sourcing high quality global investments opportunities for institutional investors.

“In addition, we now have a powerful team of experienced investment professionals who are dedicated to building the business.”